Archive | The Offshore Frontier

Petrobras’ domestic oil production tops 2 million bbl/day in June

Posted on 22 July 2014 in Completing the Well, Global and Regional Markets, News, The Offshore Frontier

Petrobras’ June oil production in Brazil averaged 2 million bbl/day (bpd), a 1.7% increase from May’s production of 1.9 million bpd. In addition, the production operated…

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BOEM lease sale to offer 21 million acres in Gulf of Mexico for oil, gas development

Posted on 21 July 2014 in Global and Regional Markets, News, The Offshore Frontier

The US Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank will offer more than 21 million acres offshore Texas for oil and gas exploration and development…

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Large-diameter Ball Type Safety Valves delivered for MWCC containment system

Posted on 21 July 2014 in Drilling It Safely, News, The Offshore Frontier

TIW Corp has completed and delivered two large-diameter Ball Type Safety Valves to Marine Well Containment Company (MWCC) for use with its expanded containment system. The class…

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First well in North Sea’s PL 507 turns up dry

Posted on 21 July 2014 in News, The Offshore Frontier

Tullow Oil Norge, operator of the production license PL 507, did not encounter hydrocarbons in the Lupus exploration well (31/10-1), which will now be plugged and abandoned…

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JIP to develop next generation of subsea production equipment

Posted on 21 July 2014 in Innovating While Drilling, News, The Offshore Frontier

FMC Technologies has established a joint industry program (JIP) that brings four operators – Anadarko Petroleum, BP, ConocoPhillips and Shell – together to jointly develop…

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Deloitte report shows a drop in North Sea deals, drilling

Posted on 18 July 2014 in Global and Regional Markets, News, The Offshore Frontier

Oil and gas companies may be adopting a “wait-and-see” approach before making further investment decisions in the North Sea, according to a new report published today by…

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Noble Corp Board of Directors approves spinoff of Paragon Offshore

Posted on 16 July 2014 in News, The Offshore Frontier

Noble Corp has approved the spinoff of Paragon Offshore, a subsidiary of Noble, through a pro-rata distribution of an aggregate of 84,753,393 Paragon…

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Shell adds third major discovery to Norphlet play in Gulf of Mexico

Posted on 15 July 2014 in Global and Regional Markets, News, The Offshore Frontier

Shell has made its third major discovery in the Norphlet play in deepwater Gulf of Mexico with the successful Rydberg exploration well. After more than 10 years of exploration…

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Extreme drilling drives drill pipe innovations

Posted on 10 July 2014 in 2014, Drilling Rigs & Automation, Features, Innovating While Drilling, July/August, Onshore Advances, The Offshore Frontier

Drill pipe, like everything else in well construction, is rapidly evolving to match an ever-expanding operational window. Whether operators are drilling longer laterals in resource plays, launching high-stakes…

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Front-loaded approach to well control stresses planning, prevention

Posted on 10 July 2014 in 2014, Drilling It Safely, Innovating While Drilling, July/August, Onshore Advances, The Offshore Frontier

An ounce of prevention is worth a pound of cure. Benjamin Franklin’s sage advice still resonates today, even in 10,000-ft laterals and subsea wells a mile or more beneath…

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